# HPC-AI Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hpc-ai-technology

- Industry: Software
- Headquarters: Beijing, China
- Website: www.hpcaitech.com
- Total disclosed funding: $56M
- Latest round: Series A (Sep 30, 2024)
- Investors on record: 8

## About

Based in Beijing, China, and founded in 2021 by Prof. Yang You, HPC-AI Technology Inc. operates as a provider of an artificial intelligence optimization platform that uses technology for the central processing units and graphics processing units. In September 2022, HPC-AI Technology raised USD 1.3 million in seed funding co-led by Sinovation Ventures and ZhenFund. As of September 2022, the company has 10 key clients, including an automaker giant.

HPC-AI Technology Inc. develops an artificial intelligence model training and inference system, Colossal-AI that helps its users to deploy large AI model training and inference, reducing large AI model training budgets and scaling down the labor cost of learning and deployment. The platform can be integrated into many advanced technologies such as multi-dimensional tensor parallelism, sequence parallelism, heterogeneous memory management, large-scale optimization, and adaptive task scheduling. The company's client base includes IBM, Ant Group, Walmart, Oxford, OPPO, and Oracle. 

The company plans to use the seed funding to continue its rapid growth by preparing for global expansion.

## Funding rounds

- Series A, Sep 30, 2024, $50M — Sinovation Ventures, Singtel Innov8, Lingfeng Capital, Greater Bay Area Homeland Investments Limited, Stony Creek Capital, Capstone
- Seed, Sep 6, 2022, $1.3M — Sinovation Ventures, ZhenFund
- Angel, Feb 6, 2022, $4.7M — BlueRun Ventures

## Investors

- BlueRun Ventures (https://capitalatlas.ai/funds/bluerun-ventures) — Angel
- Sinovation Ventures (https://capitalatlas.ai/funds/sinovation-ventures) — Seed, Series A
- ZhenFund (https://capitalatlas.ai/funds/zhenfund) — Seed
- Singtel Innov8 (https://capitalatlas.ai/funds/singtel-innov8) — Series A
- Lingfeng Capital (https://capitalatlas.ai/funds/lingfeng-capital) — Series A
- Greater Bay Area Homeland Investments Limited (https://capitalatlas.ai/funds/greater-bay-area-homeland-investments-limited) — Series A
- Stony Creek Capital (https://capitalatlas.ai/funds/stony-creek-capital) — Series A
- Capstone (https://capitalatlas.ai/funds/capstone) — Series A